Ericsson warns not to get your hopes up for Q4, stock stakes another hit

Ericsson’s Q3 numbers were pretty much as advertised in last week’s profit warning and the company was unable to offer much cause for optimism in the next quarter.
Acting President and CEO Jan Frykhammar, who must be counting the days until they find a permanent replacement for Hans Vestberg, confirmed that the commercial situation regarding both mobile coverage and capacity is weak. This is especially true, perhaps unsurprisingly, in weaker economies, which now seems to include Euro